One of the most unexpected and interesting effects of the Cyprus crisis has been to shed light on the emerging role, which they will increasingly play, of virtual currencies, in the staggering degree of change in modern finance, for better or for worse.
Each country, clearly, looks at the world from the top of its bell-tower. And the landscape of France, at the moment, seen from this perspective, is not particularly exciting…
Imagine a French Managing Director who, through the company he would have created, would boast about building a private fortune of 132 million euros in a few months. It would be an immediate scandal…
The case of Cyprus reminds us of a simple principle: in an area under the rule of law, there is no room for a community that does not comply with it. And as we cannot accept an area where rights are not respected in Marseille, likewise we cannot accept it in Cyprus either…
On the same week, the Church gave itself a pope. A president was elected in China. Pope Francois. President Xi Jining. Both using very similar organisational and selection methods: a pyramidal structure, where top level appointments are based on merit, to the top…
Everything shows that we are moving towards a paroxysm of imbalances, and no retraction force seems to be taking shape to bring us back towards equilibrium…
